Landlord VIP, Lytham St Annes (2026)

31/12/2021

Rent to Rent - 2021 Year in Review 🤩

Through the course of 2021 we added 1 x R2HMO and 6 x R2SA to our portfolio 🥳

The year started strong in January with the completion of a 4-bed R2HMO in Blackpool. The property was immediately tenanted by 4 amazing tenants and they have been happy there ever since ☺️

From February onwards we found it challenging to find our next deal. With the rental market on fire 🔥 we were up against several other prospective tenants in the search for decent houses that we could operate as 4-bed (or more) HMO’s 🏘

Easter came along and we decided on a change in strategy 💪🏻 Instead of R2HMO we would look for suitable properties to try R2SA 🛌

On the hunt for 2 bedroom apartments we stumbled across a vacant block of 6 apartments in Blackpool 🗼

Originally only wanting to take one apartment, and then possibly 3, we ended up striking a deal to rent all 6 apartments 🥳😮‍💨🥳😮‍💨🥳😮‍💨

The deal saw us take one apartment every 2 weeks, which gave us the time to refurbish each apartment, get it live across booking sites, before we took on the next one 👍🏻

In total the project took us 3 months to complete, but the demand for serviced accommodation has been strong right through summer, autumn and the winter. Our place is call Blackpool Sleepover and we’d love to host you if you’re ever in the area 🤩

As we move into a new year we’re on the lookout 👀 for our next deal to further strengthen our portfolio 💼

We hope you’ve had a successful 2021 and we wish you all the best for 2022 💫

Have a good one 🥂

05/11/2021

Rent to Rent HMO 🏘

Back in January we completed one of our rent to rent properties. The property was refurbished with new carpets, paint and decor throughout 🤩

Each of the 4 rooms were taken pretty much immediately and the housemates have since formed some great friendships and they love living in the house 👍🏻

It’s important to us to keep our tenants really happy and we respond immediately to any problems or questions they have about the property 🛠

For us, keeping happy satisfied tenants means they will hopefully stay with us for longer and it’s a WIN:WIN:WIN situation for everyone 🥳

✅ The landlord receives guaranteed monthly rental income for 3 years
✅ The tenants have a beautiful comfortable place to call home
✅ We generate income from a property we don’t actually own

How is your rent to rent strategy going at the moment?

26/10/2021

Back in May we secured an amazing rent to rent deal of 6 x 2 bedroom apartments all in one block 👍🏻🏨

The project took 3 months to complete and in that time we refurbished 12 bedrooms, 6 kitchens, 6 bathrooms, 6 lounges and 6 hallways! We also changed over 100 light switches and electric sockets 😂

The deal took several weeks of negotiation with the landlord and we ended up staging the deal over a 12 week period, where we took over the rental of each apartment 2 weeks apart. This gave us time to refurbish each apartment and put it live across booking sites before we moved on to the next!

It was a great project to work on as we’ve taken 6 bare, empty shell apartments and created something special in each one. Using various colour schemes of blues, teal, greens, pink and grey - one by one we’ve brought them to life. We've also taken away a great deal of hassle for the landlord, as he now has one tenant for all 6 of his apartments and he is able to be completely hands off while we manage the building and maintenance

We named the apartment block ‘Blackpool Sleepover’ and all 6 apartments are live across AirBnB, Booking.com and Vrbo ✅

Here’s what we’ve learnt about setting up serviced accommodation so far:

✅ Systemising everything is crucial. We’re using an amazing channel management system which is proving to be brilliant
✅ Using dynamic pricing software secures the best possible nightly rate for your property based on supply and demand
✅ There is high demand for good quality serviced accommodation
✅ Creating stand out decor sets you apart amongst the many listings
✅ Properties that can sleep multiple people (each of ours sleeps 6) are really popular for families, and can achieve great nightly rates
✅ Having a reliable and efficient cleaning and laundry team is essential - we’re on our 4th set of cleaners, but we’ve finally found a great team!
✅ It seems with serviced accommodation you need at least 10 million towels 😂😂😂

How is your serviced accommodation working for you right now, what have you learnt, and do you have any tips to share?

16/10/2021

That’s right, busiest day ever!

Yesterday was the busiest day we’ve ever had in our block of 6 apartments in Blackpool 😬

We’ve been operating ‘Blackpool Sleepover’ as serviced accommodation since the start of June this year, and we refurbished each 2 bed apartment one at a time - finally completing all 6 by 20th August 😮‍💨

While we’ve enjoyed some fantastic occupancy rates over the last 4 months with all 6 apartments occupied at the same time, yesterday was the first time we’d had 6 back-to-back changeovers! 🤯

While 6 groups of guests checked out at 10am, the next 6 groups were due to check in at 3pm 😬

That’s 18 beds to change, 12 bedrooms, 6 kitchens, 6 lounges and 6 bathrooms to clean (thankfully not by us) - phew! 🤣

It’s also a heck of a lot of laundry 🧺…

14/10/2021

Client Testimonials ✨

Everyone loves a good client testimonial or guest review right? 🤩

We were so pleased to receive this lovely letter from a little girl who stayed in our apartments over the weekend 🥰

Such a sweet letter and probably the most thoughtful review we’ve had 😇

06/10/2021

📣 Landlords - get in touch to find out more about how we can become your ideal tenant by not only guaranteeing you long term rental income, but giving your property a makeover to look this good!💰💰💰😍😍😍

These are pictures from a recent property that we’ve started to manage through our guaranteed rent service 👍🏻

Contact us today!
📞 01772 393900
📧 [email protected]
www.landlordvip.com

03/10/2021

Apartment 2 @ Blackpool Sleepover

Love the decor in this one 🥰

27/09/2021

🤜 Rent to Rent HMO v’s Rent to Rent SA 🤛

This year we’ve been lucky to secure R2RHMO and R2RSA deals 🙌🏻

Both projects have been great to work on, but what’s the pro’s and con’s with each type of deal? 🤔

Here’s what we’ve found:

Set Up Costs:
✅ HMO cost less to set up (needs kitchen equipment, dining room furniture, beds and bedroom furniture)
❌ SA more costly to set up (need to buy everything from bedding, cushions, towels, pictures, lamps, throws, furniture, frip and a million other things!)

Set Up Systems:
✅ HMO involved very little systemising. We used Go Tenant to onboard the tenants which was really easy and straightforward
❌ SA needs lots of systemising. From channel management and pricing software to cleaning and laundry schedules!

Tenants:
✅ HMO tenants are fixed for at least 6 months, so you don’t need to worry about empty rooms (once fully tenanted)
❌ SA is more unpredictable, occupancy can vary from days of the week to months of the year!

Running Costs:
✅ HMO once set up is pretty much fixed month by month
❌ SA is far more varied (and needs great budget management) depending on occupancy and seasonality

Work Involved:
✅ HMO once set up is pretty much passive income
❌ SA once set up still needs a fair amount of work involved to manage the day to day running - including cleaning schedules, maintenance, guest communications etc

And finally…

Income:
✅✅✅ SA creates far bigger returns of 💰💰💰!!
Depending on occupancy, one of our R2RSA units earns between 4-6 times as much per month than our R2RHMO 😳

Both HMO and SA will remain within our R2R strategy going forward, it’s just a case of deciding which one is the best strategy for each property that we secure 👍🏻

What pro’s and con’s have you found with managing both strategies? 🧐

13/09/2021

📣 Landlords - contact us today to see how we can become your ideal tenant by guaranteeing you long term rental income.

Our simple, effective 5-step process is straight forward and protects both our interests and gets things done quickly.

👀 VIEWING - we find properties that meet our criteria and carry out an assessment

🔍 OFFER - we evaluate the opportunity, prepare a suitable offer and agree heads of terms

🔑 CONTRACTS - we draw up a management contract for up to 5 years with guaranteed rent

🛠 MOBILISATION - we prepare the property ready for the new tenants

👫 OCCUPANCY - we advertise the property via online sourcing partners to find professional tenants

To find out more about our guaranteed rent service, contact us today
📞 01772 393900
📧 [email protected]
www.landlordvip.com

07/09/2021

Transformation Tuesday! 🤩

On our latest R2SA project we were lucky enough to bag a whole block of 6 apartments in a prime tourist location 😁

The apartments had previously been used as a mix of residential and holiday lets and they were pretty basic in style! 😕

With a complete refurb, new carpets, feature walls and lots of lovely decor, we completely transformed all 6 apartments into beautiful places to stay 🥰

These are the after and before pictures of the lounges in apartment 3 and apartment 2 - such a transformation! ❤️

If you’re a landlord with a tired looking property and you’d like us to help, why not get in touch to find out more about our guaranteed rent service?

Landlord VIP

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